Current:Home > reviewsUC president recommends UCLA pay Cal Berkeley $10 million per year for 6 years -Momentum Wealth Path
UC president recommends UCLA pay Cal Berkeley $10 million per year for 6 years
View
Date:2025-04-25 09:58:46
LOS ANGELES (AP) — The University of California Board of Regents is expected to accept a recommendation that UCLA pay University of California at Berkeley $10 million a year for six years as a result of the Bruins’ upcoming move to the Big Ten and the demise of the Pac-12.
The recommendation was made by UC president Michael Drake and will be voted on during a regents meeting Tuesday at UC Merced.
In order for the Regents to affirm UCLA’s move to the Big Ten in December, 2022, the university agreed to pay UC Berkeley between $2 million and $10 million because of how the move would affect the Cal athletic program.
Cal agreed to join the Atlantic Coast Conference last year after the Pac-12 couldn’t negotiate a media deal, causing eight of its members to leave.
Besides increased travel costs, Cal will have a reduced share of the ACC’s media rights deal.
According to a report by UC’s president, the difference between UCLA’s annual media rights distribution from the Big Ten and UC Berkeley’s share from the ACC will be approximately $50 million per year.
Drake is also recommending that if there is a significant change in revenues and/or expenses for either school, exceeding 10% over 2024-25 projections, UCLA’s contribution can be reevaluated by the regents.
UCLA and the University of Southern California announced on June 30, 2022, that they were leaving the Pac-12 for the Big Ten. USC is private and not part of the UC system.
The Regents became involved shortly after the announcement when Democratic Gov. Gavin Newsom criticized UCLA’s move because chancellor Gene Block and athletic director Martin Jarmond did not give advance notice to the regents.
In 1991, campus chancellors were delegated authority by the UC Office of the President to execute their own contracts, including intercollegiate athletic agreements. But the regents heard during an August 2022, meeting that they retain the authority to review decisions impacting the UC system, meaning they could affirm, overturn or abstain from following up on UCLA’s decision.
The Regents voted four months later to let the move go ahead. Besides the payments to its sister school, UCLA agreed to make further investments for athletes, including nutritional support, mental health services, academic support while traveling and charter flights to reduce travel time.
“From the very beginning we said we understand we may need to help Berkeley. We’re OK with it and happy it is resolved,” Block said after the regents approved the move.
___
AP college sports: https://apnews.com/hub/college-sports
veryGood! (9)
Related
- Most popular books of the week: See what topped USA TODAY's bestselling books list
- UnitedHealth paid ransom after massive Change Healthcare cyberattack
- Venice Biennale titled ‘Foreigners Everywhere’ platforms LGBTQ+, outsider and Indigenous artists
- Kellie Pickler Returns to Stage for First Performance Since Husband Kyle Jacobs' Death
- How to watch the 'Blue Bloods' Season 14 finale: Final episode premiere date, cast
- New Jersey man charged with federal hate crime in Rutgers Islamic center vandalism
- Donald Trump is about to become $1.2 billion richer. Here's why.
- Phish fans are famously dedicated. What happens when they enter the Sphere?
- Macy's says employee who allegedly hid $150 million in expenses had no major 'impact'
- Zendaya Continues to Ace Her Style Game With Head-Turning Outfit Change
Ranking
- Spooky or not? Some Choa Chu Kang residents say community garden resembles cemetery
- Remains believed to be missing woman, daughter found at West Virginia home on same day suspect died
- Few have heard about Biden's climate policies, even those who care most about issue — CBS News poll
- Happy birthday, Prince Louis! Prince William, Princess Kate celebrate with adorable photo
- What were Tom Selleck's juicy final 'Blue Bloods' words in Reagan family
- United Methodists open first top-level conference since breakup over LGBTQ inclusion
- Emily Henry does it again. Romantic 'Funny Story' satisfies without tripping over tropes
- Jeep Wagoneer Series II interior review: The good and bad in all 3 rows
Recommendation
Meet first time Grammy nominee Charley Crockett
Kellie Pickler Returns to Stage for First Performance Since Husband Kyle Jacobs' Death
Police find body of missing Maine man believed killed after a search that took nearly a year
Man accused of firing a gun on a North Carolina university campus taken into custody
Meta donates $1 million to Trump’s inauguration fund
How do I update my resume to help land that job? Ask HR
Transgender Louisianans lost their ally in the governor’s seat. Now they’re girding for a fight
South Carolina Senate wants accelerated income tax cut while House looks at property tax rebate